Tuesday, December 22, 2015

Economic News & Views ( December 22 , 2015 ) - Europe In Focus ( Decanting the Uncertainty After Spain's Inconclusive Election , Italian Bank Bail-In Victims Protest , Russia / Ukraine Items Of Note , Refugee Crisis Items Of Note , Germany Import Prices For Nov - .02 % vs -0.2 % E / Y/Y -3.5 % V -3.7% E , Greece To Sell 10 BN In Bad Bank Assets - additional Greece Items Of Note , Eye-Opening Kolomoisky Interview - No Love Lost For Poroshenko Or Tymoshenko ) ..... Asia / Emerging Nations In Focus ( News Of Note From Turkey , Saudi Arabia , China , Brazil , Emerging Markets In General Items )







Evening Wrap.....



Guotai Junan surges 7.7% in HK, lost-and-found CEO Yim Fung resumes duties today after assisting Chinese authorities


Embedded image permalink








Tripoli-based NOC says may take legal action against int. recognised government (Tobruk) NOC over oil sales







Rajoy and Sánchez to meet on Wednesday, reports Something's moving?





WTI settles above Brent for the first time since Aug'10!!!






UPDATE 2-Greece's Eurobank sells insurance unit to Fairfax for 316 mln euros







National Bank for sells stake to ’s QNB









Turkey Moves to Clamp Down on Border, Long a Revolving Door








Once more, the questionable legitimacy of the Gov of National Accord is stressed by this Observer editorial






US spends $1 trillion destroying Iraq & China swoops in to create extensive economic ties. US strategy not so smart.








BREAKING: authorities foil attack on the city of south of , Al Arabiya correspondent reports









Extreme Oil Bears Bet on $25, $20 and Even $15 a Barrel in 2016 via






According to Eni's CEO has met with the NOC chairman in to discuss 's Oil & Gas sector developments.












Lack of funds for asylum takes toll on municipalities
Embedded image permalink















- due to disagreements between its members, 's new presidential council hasn't been able to convene with all members.







- the presidential council has not been able to convene with all its members until now. Faced divisions even before the signing.










Background about Fanya Metal Exchange scheme: 220,000 Chinese investors already poured about $6B into it!







BREAKING: Chinese Police decided to launch investigation into Fanya Metal Exchange, likely a US$6B Ponzi scheme, largest in China in decades







Why Russian companies are weathering Brent slump relatively well? It's all about the ruble --


Embedded image permalink








Morning Items.....





Europe.....






PSOE spokesman repeats the Socialist Party will NOT abstain in vote for Rajoy, it will vote against him.









Board of Directors expected to convene via telephone conference this afternoon









Runs contrary to what many thought about last gov't, which was seen embracing programme, at least briefly













by far implemented most of benchmarks without delay during the first program, via

Embedded image permalink










This comes after Czech President reportedly said his 'country will only join euro the day after leaves it.'












Bank bail-out 'victims' demonstrate: Protesters call for full reimbursement, resignation of BoI chief











After NBG, another lender, , sells assets to shore up finances via












Ukraine insisting on restructuring of $3 bln debt to Russia — National Bank of Ukraine governor









Russia to start building two nuclear reactors in Iran next week: official









El País reports the agreement in Catalonia does not, for the moment, include re-appointing Artur Mas First Minister.


















*SPANISH VOTE DOESN'T AFFECT CATALAN INDEPENDENCE PUSH: ROMEVA *CATALAN SEPARATIST LEADER ROMEVA SPEAKS IN BARCELONA BRIEFING









|*CATALAN SEPARATISTS REACH DEAL FOR REGIONAL GOVT: CONFIDENCIAL











's rail operator to halt some services to & from , blaming


Embedded image permalink







Should Never Have Joined Euro, Foreign Minister Says

Embedded image permalink








One million "refugees and migrants" reached Europe in 2015, groups say.


Embedded image permalink










's risk premium over widens after rating agencies Fitch and Moody's have warned over reform backlash.


Embedded image permalink








| *DEUTSCHE BANK TALLY OF SUSPECT RUSSIA TRADES SAID TO REACH $10B







| NOV IMPORT PRICE INDEX M/M: -0.2% V -0.2%E; Y/Y: -3.5% V -3.7%E

Embedded image permalink








| *BANK OF GREECE TO SELL EU10B IN BAD BANKS' ASSETS: IMERISIA










Moody's: 's (Baa2 positive) inconclusive election raises political uncertainty, a credit negative.


Embedded image permalink









Up to 8,000 people attend anti-refugee rally in Germany's












Tymoshenko a "prostitute", Poroshenko "slave to absolute power". Kolomoisky lets rip in exclusive interview with me








Asia & Emerging Nations ......








Turkish Central Bank leaves benchmark one-week repo, overnight borrowing rates steady at 7.5% — 7.25% respectively


Embedded image permalink












Lira weakened after central bank left its benchmark rate on hold at 7.50%, vs consensus of a hike to 8.00%.


Embedded image permalink








Commerzbank: Saudi Arabia's budget deficit will widen to 22% of GDP this year and it has already spent almost $100bn of FX reserves








| Nov Total Federal Debt: BRL2.717T


Embedded image permalink










1997 Asian crisis evoked as Azeris cap year of devaluations.


Embedded image permalink







Who is next, after Azerbaijan devalues currency for coping w/ lower oil. ICBC sees Naira & Middle East pegs at risk.


Embedded image permalink

Embedded image permalink








Unveils Economic Blueprint for 2016 and beyond.

Embedded image permalink








Yuan firms by PBoC fix as pledges support to economy

Embedded image permalink










Good morning from Berlin. Asia stock markets edge higher, taking solace from Wall St gains & some stability in .

Embedded image permalink











Embedded image permalink










Real weakens vs Dollar as new FinMin Barbosa fails to assure investors.


Embedded image permalink











New axis Moscow-Peking? surpasses Saudi Arabia for third time in crude supply


Embedded image permalink



No comments:

Post a Comment